Conclusion

 

This article attempts to simplify a very complex area of law, it is by no means a comprehensive explanation of the discussed transactions, nor does it address all of the issues inherent therein.

The noticeable increase in foreign investment in US. real property requires us, as practitioners, to be aware at least of related issues in order to either address them appropriately or engage someone who can.

The opportunity for new business in this area is immense, but with this opportunity comes the responsibility to advise our clients as to the tax implications of the transaction, so that very costly mistakes can be avoided.